Features News Daily TheBitTimes.com

India is all set to pitch the idea of a central bank digital currency (CBDC) at the upcoming BRICS summit on September 12 and 13, reported the Hindu Business Line quoting a source close to the development. The Reserve Bank of India (RBI) had proposed linking the digital currencies of all member central banks for trade and transactions early in January. If the proposal goes through, the alliance could see a paradigm shift in how they settle cross-border transactions. The source said on the condition of anonymity that finance ministers of all member nations are set to meet in early September to discuss the way forward on CBDCs. “The BRICS Finance Ministers and Central Bank Governors (FMCBG) track is expected to meet again in early September to provide greater clarity on the possible way forward on CBDC and fast payment system linkages that could be adopted at the BRICS Summit,” a source tracking the matter told Businessline. Also Read: Cuba Applies To Join BRICS Alliance Ahead of the 20...

BlackRock significantly increased its exposure to Bitcoin (BTC) and Ethereum (ETH) last week, scooping up more than $1.8 billion worth of the assets as institutional demand for cryptocurrency investment products accelerated. The asset manager attracted the largest share of inflows into U.S. spot crypto exchange-traded funds (ETFs) during one of the strongest weeks for the sector this year. Over the five trading sessions ending August 21, BlackRock’s spot Bitcoin and Ethereum ETFs recorded a combined $1.87 billion in net inflows.  In this vein, data shows BlackRock’s iShares Bitcoin Trust (IBIT) attracted approximately $1.33 billion between August 17 and August 21, while the iShares Ethereum Trust (ETHA) added another $536.8 million. The combined inflows made BlackRock a key driver of the crypto market’s latest rally. Bitcoin ETF inflows. Source: CoinGlass IBIT attracted $160.2 million on August 17, $143.6 million on August 18, $284.7 milli...

Senator Elizabeth Warren has fired back against Binance founder Changpeng Zhao, aka CZ, after he threatened to sue her for defamation, with her lawyer calling his claim “without merit” and defending her comments about his Trump pardon as accurate. Zhao’s lawyer had accused Warren of falsely claiming he pleaded guilty to money laundering. But Warren’s counsel said in a letter that Zhao admitted under oath to violating the Bank Secrecy Act by failing to implement anti–money laundering controls at Binance. Warren’s lawyer said her comments were based on “publicly available and widely reported facts.” The letter also cited reports that Binance had lobbied Trump for almost a year to secure Zhao’s pardon and then listed tokens tied to his World Liberty Financial project. Even without Warren’s legal protections as a senator, her counsel added, Zhao would still have to prove she acted with “actual malice,” making his de...

Ripple (XRP) needs no further introduction, as the token has created an impeccable mark in the current cryptocurrency domain. The token aims to leave a lasting impact on the cross-border payment domain and continues to chart novel collaborations with banks across the world to revolutionize this space. That being said, can Halloween prove to be a day when XRP may set a tone to hit new price avenues for the future? Also Read: What Are the Odds of XRP Reaching $6? Ripple: What’s New With The Asset Source: Tronweekly In a new striking update by Bitwise, Project Crypto, an initiative backed by US SEC Paul Atkins, has shed light on how it intends to streamline crypto into the mainstream US financial services domain. For instance, this project claims to bank on three investment opportunities through XRP and other cryptos, including layer 1s that support stablecoin development and curating super apps that help merge traditional finance mechanisms with crypto. “@Matt_Hougan—no stranger to ...

Coinbase Q3 earnings reached $1.793 billion in revenue for the third quarter of 2025, and this marks a 25% increase from Q2. The crypto exchange’s performance was actually driven by explosive crypto trading volume of $295 billion, along with rising Bitcoin price trends, surging institutional demand, and also record stablecoin revenue of $355 million. Coinbase Q3 2025 earnings overview dashboard – Source: Coinbase Coinbase Q3 Earnings Surge on Bitcoin Price and Trading Volume The Coinbase USDC lending – Source: Coinbase Record Trading Volume Powers Growth Coinbase Q3 earnings benefited from a massive spike in crypto trading volume, which actually hit $295 billion across both retail and institutional clients right now. Transaction revenue was reported to have jumped 37% to reach $1.0 billion, and subscription revenue climbed to $747 million as well. Coinbase Q4 2025 financial outlook and expense projections – Source: Coinbase Q3 2025 Report CEO Brian Armstrong stat...

Four of the top five founding members of the BRICS alliance hold a combined 75.7 million metric tons of rare earth minerals. On the contrary, the US holds only 1.9 million metric tons of the rare earth reserves. The US is far behind and now depends on other countries for resources. BRICS member China dominates the list, controlling the majority of the rare earth minerals. China holds a staggering 44 million metric tons, having the world’s biggest reserves. The Communist country is now leveraging its resources to dictate trade terms and policies with the US and other Western countries. Source: Bluekurtic Market Insights / InvestingNews.com Also, BRICS member Brazil comes second with 21 million metric tons of the rare earth minerals. India is in the third spot, holding 6.9 million metric tons of materials. Russia also holds 3.8 million metric tons, owing to a vast reserve of natural resources. Also Read: BRICS New Members: China & Brazil Back Malaysia’s Full Entry BRICS Controls The...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Tether’s digital asset backed by physical gold reserves just surpassed $2 billion in market value, solidifying its position as the top tokenized gold asset. By the end of Q3, the company says Tether Gold’s (XAUT) market cap hit $1.44 billion, and then surged to nearly $2.1 billion in the following week. Managed by TG Commodities S.A. de C.V. in El Salvador, XAUT holds 375,572.297 fine troy ounces of physical gold reserves as of September 30th. This backs 375,572.247 tokens in circulation on a 1:1 basis with reserves of over 11.6 tons stored in Switzerland under London Good Delivery standards. Says Tether CEO Paolo Ardoino, “Tether Gold proves that real-world assets can thrive on-chain without compromise. With gold prices at all-time highs and institutional interest in tokenized assets growing, XAUT represents the future of asset ownership, where physical security meets digital freedom.” Gold’s 2025 rally, driven by persistent infla...

Ripple (XRP) has long been on investors’ radar, considering the high-value prospects that Ripple continues to work on through its extensive global collaborations. Ripple has always attracted attention, as it continues to forge new and valuable pathways. With the XRP ETF murmurs gaining rapid attention, XRP is now expected to gain steady momentum. With another Fed rate cut brewing under way, can XRP hit new highs this November? Also Read: Multi-Millionaire Tells XRP Investors: I Told You So, Price Rising XRP Latest Price Pathways For The Near Future Source: Shutterstock According to the Dark Defender’s latest XRP price forecast, XRP is currently eyeing the processing of breaking orange support lines as decoded by Dark through XRP’s hourly chart depiction. The analyst shared how the future XRP momentum looks incredibly bullish as the token continues to gain an upper hand in the market. “#XRP has almost completed the 4-hour structure. We analyzed this with 100% accuracy on the Dark S...